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FINRA SIE Exam Dumps Questions and Answers

Exam Code: SIE
Vendor: FINRA
Last Update: Nov 21, 2024
Questions: 85 With Expert Explanation
10  Customers Passed FINRA SIE
93%  Average Success In Real Exam
93%  Questions came word by word from this dump
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Securities Industry Essentials Exam (SIE) Questions and Answers

Questions 1

Which of the following entities settles broker-to-broker equity, listed corporate and municipal bond, and unit investment trust (UIT) transactions in the U.S. equities markets?

Options:

A.

SEC

B.

FINRA

C.

Federal Reserve

D.

National Securities Clearing Corporation (NSCC)

Questions 2

A rating agency downgrades a corporation's credit rating. Which of the following effects is this action most likely to have on the yield and price of the corporation's outstanding bonds?

Options:

A.

Yield will fall; price will fall.

B.

Yield will fall; price will rise.

C.

Yield will rise; price will fall.

D.

Yield will rise; price will rise.

Questions 3

A municipal securities dealer makes a political contribution of $990 to a local mayoral candidate. At the end of the quarter, to whom, if anyone, must the dealer report the contribution?

Options:

A.

SEC

B.

MSRB

C.

FINRA

D.

No disclosure required as the amount is below the reporting threshold